| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $107M | $97M | 8.0% | 18.9% |
| Op. Income | $21M | $17M | $10M | 19.1% | 112.0% |
| Gross Margin | 61.0% | 60.5% | 59.1% | 0.5pp | 1.8pp |
| Net Margin | 16.3% | 14.9% | 8.4% | 1.3pp | 7.9pp |
| EPS (Diluted) | $0.13 | $0.11 | $0.06 | 18.2% | 116.7% |
| Free Cash Flow | $28M | $20M | $17M | 37.8% | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $71M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $779.0K |
| Operating Expenses | $50M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $718.0K |
| Other Income/Expenses | -$880.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $956.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $71M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $779.0K |
| Operating Expenses | $50M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $718.0K |
| Other Income/Expenses | -$880.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $956.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $59M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $66M |
| Goodwill | $268M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $566.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $351M |
| TOTAL ASSETS | $688M |
| Account Payables | $27M |
| Short-Term Debt | $17M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $296M |
| Common Stock | $1M |
| Additional Paid-In Capital | $759M |
| Retained Earnings | -$367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $688M |
| Total Debt | $200M |
| Net Debt | $15M |
